"Every material adverse claim on this website is attributed to an identifiable published source. Allegations, opinions, pending legal proceedings and established findings are labelled separately. Readers are encouraged to consult the original sources and Northern Star Resources' responses."
A source-attributed archive of ten of the most consequential published reports raising operational, safety, shareholder, and environmental concerns about Northern Star Resources (ASX:NST). Every post links to its original published source.
Northern Star Resources shares plunged after the gold producer issued its second production guidance downgrade in ten weeks, with CEO Stuart Tonkin telling the AFR the company takes accountability for the downgrades.
Mining Weekly reported Northern Star's shares were 'hammered' after the company cut production guidance from 1.7M–1.85Moz to 1.6M–1.7Moz, having already downgraded in January 2026.
The Bull reported Northern Star shares fell around 40% in three months, with the company blaming weaker-than-planned milling performance and reduced mining productivity even as the gold price rallied.
Investing.com reported that UBS downgraded Northern Star Resources from Buy to Neutral and cut its price target to A$26.90 from A$29.00, citing production concerns.
ABC News reported Northern Star Mining Services was fined $750,000 after a drill operator suffered spinal injuries, with the company accepting the fine in court.
The Australian Mine Safety Journal reported penalty notices issued to entities associated with Northern Star after workers were injured while driving underground.
Elliott Management, holding over A$1 billion in Northern Star Resources, issued a public statement asserting the Board 'does not understand the magnitude of change required' and calling for immediate action to restore shareholder value.
Reuters reported Elliott Management intensifying pressure on Northern Star for a board overhaul, while Northern Star told shareholders it did not consider it the right time for a sale process.
The AFR reported that traditional owners accused the EPA and Northern Star of ignoring their fears about the impact of mine wastewater from a WA mega gold mine.
FNArena catalogued Northern Star's compounding 2026 guidance revisions — a production downgrade on 2 January, a cost guidance increase on 20 January, and a capex guidance increase on 22 January.
